Bloomberg Business

Stanley Black & Decker Weighs Sale of Attachments Business

Stanley Black & Decker Inc., which has been selling assets to focus on its core building products business, is exploring a sale of a unit that makes excavator buckets for construction equipment, according to people familiar with the matter.

Brookfield Emerges as Frontrunner for Network as CVC Recedes

Brookfield Asset Management Ltd. has emerged as the frontrunner to acquire London-listed Network International Holdings Plc after interest from a consortium backed by CVC Capital Partners cooled, according to people familiar with the matter.

China’s Mixed Factory Surveys Show Recovery Still Uncertain

China’s manufacturing surveys this week provided contradictory signals of factory activity in May, suggesting the outlook for the world’s second-largest economy remains uncertain and policymakers may need to do more to spur growth.

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